According to a recent report published by Allied Market Research, titled,"HDI PCB Market by End-User and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global HDI PCBs market was valued at $9,491.0 million in 2017 and is projected to reach $22,258.8 million by 2025, growing at a CAGR of 11.1% from 2018 to 2025.
At present, Asia-Pacific dominates the market, followed by Europe. In 2017, China dominated the Asia-Pacific market and Germany led the overall market in Europe. While, in North America, the US dominates the current market.
The factors such as miniaturization of size and lower weight, high efficiency, and growing sales of consumer electronics are expected to drive the global HDI PCB market. However, high construction cost impedes the growth of the global market. In the near future, increasing utilization of HDI technology in automobiles is expected to provide lucrative opportunities for the growth of the global HDI PCB market.
According to Prasad Kakade, Lead Analyst at Allied Market Research, In 2017, in terms of revenue, consumer electronics segment dominated the global HDI PCB market in the end-user category. By application, the smartphone & tablet segment is anticipated to dominate the market throughout the forecast period. The key players are adopting new techniques to provide advanced technologies to the customers.
Key Findings of the HDI PCB Market:
- Based on end user, the consumer electronics segment led the global HDI PCB market in 2017. However, the industrial electronics segment is anticipated to grow at the highest CAGR during the forecast period.
- Asia-Pacific held a major market share in 2017.
- By application, the smartphone & tablets segment dominated the global HDI PCB market in 2017.
- LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
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